Posted on 11/30/2021 10:27:48 AM PST by SunkenCiv
A lot has been made of Tesla CEO Elon Musk’s stock sales, but Microsoft CEO Satya Nadella recently sold a chunk of stock that is a much larger portion of his total holdings.
Nadella sold about half his stake in Microsoft (ticker: MSFT), according to recent filings with the Securities and Exchange Commission. The CEO unloaded 838,584 shares on Nov. 22 and 23, netting him about $285 million. He has about 831,000 Microsoft shares left, worth roughly $280 million.
It isn’t clear why he sold. Microsoft didn’t immediately respond to a request for comment on the sales or to make Nadella available to discuss them. Investors are left to debate whether Nadella is diversifying his holdings, paying capital-gains taxes in 2021, ahead of potential tax increases proposed by the Biden administration, or selling for another reason.
Regardless of the reason, the sale is significant. It represents a large portion of his total pay and holdings. Nadella’s total reported compensation over the past three years amounts to about $137 million, including more than $93 million worth of stock.
Microsoft doesn’t award stock options any longer. The company has shifted to performance stock awards that are earned when certain time or performance milestones are hit.
Nadella’s base salary is $2.5 million. That’s cash.
He has been CEO since early 2014.
(Excerpt) Read more at barrons.com ...
Take the pain when there's less of it.
Gettin while the gettin’s good................
Gates china has new system
bill gates just informed him that in one year, 8 billion people will be dead, and the dead don’t need computers.
I use Linux and only keep Windows for a very few applications.
You want to gamble you go to Vegas.
I prefer to have things that work.
Its interesting that three of the biggest Tech companies are all headed by Indians.
Sundai Pichai - Google - Alphabet
Parag AgrawaI - Twitter
Satya Nadella - Microsoft
Must be something in the DNA, or that they are Caste champions and repressive authoritarians at heart.
Microsoft needs to stop trying to make Windows secure and concentrate on making it responsive.
It should not take five minutes for Google Chrome to start up on Windows. It should take no more than five seconds for a browser to be functional and less than one second for Notepad to be functional.
Microsoft should stop support for the https protocol.
After about 500 security upgrade attempts Microsoft should understand that secure software is beyond its ability to create.
Let Bezos worry about Internet security.
Asian Indians have taken over software development.
Chrome?? 3 seconds for me ... at most ...
I’d sell every last share if I was him.
> Microsoft needs to stop trying to make Windows secure and concentrate on making it responsive.
When have they ever done either? /jk
I have a Compaq Presario CQ57-339WM Notebook PC.
He sold because Washington state is implementing a Capital Gains tax after first of year
How much memory? What speed processor? Compaq was bought by HP a long time ago.
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